Markets May Need
Regulation After All

By

Jane J. Kim and

Phyllis Plitch Dow Jones Newswires

Updated July 16, 1998 11:30 a.m. ET

NEW YORK -- The deregulating electric utility industry might need a little dose of regulation after all -- at least when it comes to trading between utilities and brokers in the still-evolving wholesale electricity-trading markets.

Recent disclosures that utilities have been hit with millions of dollars in trading losses have cast a spotlight on this arcane segment of the industry and are raising questions about whether more needs to...